Tag - fast

 
 

FAST

People stand in front of a temporarily closed McDonald's in Tokyo's Shimbashi district on Friday as the chain experienced widespread tech issues.
BUSINESS / Companies
Mar 15, 2024
McDonald's suffers widespread tech outage in Japan and abroad
Many McDonald's stores in Japan stopped taking in-person and mobile customer orders because of the system disruption.
A Zara clothing store in Brussels on November 2022. Inditex is an outlier among big clothing retailers in not publishing details of the factories from which it sources.
BUSINESS / Companies
Mar 12, 2024
Zara owner Inditex faces pressure from investors on supply chain disclosure
Regulators and investors want transparency from clothing retailers, to prove supply chains are free of forced labor and workers are paid decent wages.
Customers shop at the GU store in the SoHo neighborhood of New York. The brand's operator Fast Retailing hopes to expand its share in markets in the United States and Europe.
BUSINESS / Companies
Feb 26, 2024
Uniqlo’s sister brand GU takes aim at market in U.S. and Europe
International sales made up more than half of Uniqlo’s revenue in the latest fiscal year, GU has mostly only flourished domestically.
As their popularity grow, Shein and Temu together send almost 600,000 packages to the U.S. every day.
BUSINESS / Companies
Feb 22, 2024
Rise of fast-fashion Shein and Temu roils global air cargo industry
Their pursuit of limited air-cargo space to woo consumers with rapid transit times make off-peak seasons almost disappear and cause capacity shortages.
McDonald's Japan will start charging ¥5 for plastic bags of all sizes at some stores, starting in April.
BUSINESS / Companies
Feb 20, 2024
McDonald's Japan announces trial ¥5 plastic bag charge to curb usage
The firm will eye expanding the fee nationwide following a trial at 23 of its stores in Nagasaki Prefecture starting in April.
A Uniqlo store in Shanghai, China. The clothing chain's operator Fast Retailing announced last year that it expected to open 80 stores in China and roughly 60 new stores each year in Southeast Asia, India and the Australian region.
BUSINESS / Companies
Feb 9, 2024
Fast Retailing’s peer-beating 48% jump may extend on global push
Uniqlo owner has become one of the top performers among 10 other clothing companies worldwide that have a market value exceeding $10 billion.
Uniqlo's Round Mini Shoulder Bag on sale at a store in London
BUSINESS / Companies
Jan 16, 2024
Uniqlo sues Chinese fast-fashion rival Shein to defend hit bag
Fast Retailing joins rival Hennes & Mauritz in suing Shein for copyright infringement in Hong Kong where litigation has been underway since 2021.
Fast Retailing, the operator of Uniqlo stores, says strong overseas sales drove a 25% rise in first quarter operating profit.
BUSINESS / Companies
Jan 12, 2024
Uniqlo operator Fast Retailing's Q1 profit soars on strong overseas sales
Profit was ¥146.7 billion ($1.01 billion) in the three months through November compared with ¥117.1 billion a year earlier.
Workers organize used clothing for packaging at a warehouse near Barcelona on Aug. 1.
ENVIRONMENT / Climate change
Dec 7, 2023
How to fix the carbon crisis in fast fashion
Positive partnerships between brands and manufacturers are crucial for the sector to achieve its net-zero goals.
Chinese fast-fashion upstart Shein has excelled with its offering of $9 hoodies and other bargain-basement apparel.
BUSINESS / Companies
Dec 7, 2023
Amazon targets Shein with fee cuts for cheap apparel sellers
Rare move by U.S. e-commerce giant shows its intent of muscling into Chinese fast-fashion upstart's territory.
A woman sits on a swing attached to a giant McDonald's sign outside its themed exhibition in Beijing on Monday.
BUSINESS
Dec 4, 2023
McDonald’s raises China bet amid Western derisking trend
The move contrasts sharply with the prevailing trend of multinational corporations reeling back investments in China or even exiting altogether.
People walk past the booth of fashion retailer Shein during the first China International Supply Chain Expo (CISCE) in Beijing on Tuesday.
BUSINESS / Companies
Nov 29, 2023
Shein’s IPO plan to fuel scrutiny over cotton and China roots
In addition to fighting skeptics, Shein is also locked in a battle with rival Temu
Pedestrians and shoppers walk past a branch of fashion retailer H&M in central Stockholm on July 17.
BUSINESS / Companies
Nov 9, 2023
Sustainable cloth-maker Renewcell struggling amid slow adoption
Stock in Renewcell lost over 80% of its value in the last month and the firm has reported an operating loss of $17 million in nine months.
A Uniqlo store in Shanghai
BUSINESS / Companies
Oct 12, 2023
Fast Retailing's annual profit rises 28% to fresh record
Profit was ¥381.1 billion ($2.56 billion) in the 12 months through August compared with ¥297.3 billion, the previous all-time high, a year earlier.
BUSINESS / Companies
Oct 6, 2023
Uniqlo owner scouts for more Indian partners after 60% sales jump
The Japanese apparel giant is currently working with over 20 sewing factories and mills in India.
A clothing packaging warehouse near Barcelona last month
BUSINESS / FOCUS
Sep 1, 2023
Fast fashion firms prepare for EU crackdown on waste mountain
Fast fashion, or making and selling cheap clothes with a short lifespan, is "highly unsustainable," the European Commission said in July.
The Shein logo at the company's office in Singapore in 2022. The company, which sells $7 dresses and $5 home goods in more than 150 countries, has moved its headquarters to Singapore but manufactures most of its products in China.
BUSINESS / Companies
Aug 29, 2023
U.S. states ask SEC to confirm Shein complies with labor rules
The request adds to pressure on Shein as China hawks in Congress target Chinese firms that do not align with U.S. foreign policy goals.
An installation for The North Face Moon Parka, which uses a Spiber-produced protein material
ENVIRONMENT / Sustainability / OUR PLANET
Aug 6, 2023
A Japanese startup is using biotech to ‘brew’ greener fashion
Fashion has a huge environmental impact, and Spiber thinks its products can help curb the industry's footprint.
Fast fashion concept. Woman chooses jeans in a store. Lots of clothes in the store. Fast Fashion Destroying Planet
LIFE / Language / BILINGUAL
Jul 21, 2023
Fashion, fast and slow: Discussing shopping ethics in Japanese
Whether it’s a trendy top from a chain store in Shibuya or a vintage piece from the backstreets of Kichijoji, know how to shop with a mind to sustainability in Japanese.
Clothes displayed at Shein’s headquarters in Singapore
BUSINESS
Jul 21, 2023
Fast fashion report cards show what’s really in your clothes
Consumers’ drive for quantity over quality is transforming the world’s textile industry, sparking an almost doubling in global fiber production over the past two decades.

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan